Travel Investment Tips
Having travel insurance could prove to be very useful when unforeseen circumstances occur. From simple incidents like losing your luggage to life threatening accidents, one should buy the right travel insurance. Along with choosing the cheapest travel packages and airfares, travel insurance is a must rather than just an add-on. However, the amount of cover you need depends on the type of travel you are taking. Take for example when you book for a low cost flight for less than 50 pounds, what is the practicality of securing a cancellation cover?
Island Getaways
Hence, we feature below recommendations on the level of cover ideal for a typical travel insurance policy. The following data is extracted from
http://www.moneysupermarket.com/travelinsurance/money-saving-tips/:
- Medical expenses (£2m)
- Personal liability (£1m)
- Cancellation (£3,000)
- Baggage (£1,500)
- Cash (£250)
Also make sure the travel insurance company has a 24hr emergency line and cover for legal costs.